Timmah! on 22 September 2008
@ManusJustus:
The point of this article is: Many Republicans saw this coming a few years ago and tried to avert the Crisis. Greenspan warned of exactly what is happening now, and the Democrats ignored him. McCain co-sponsored the bill to help fix the problem before it became a crisis, and the Dems killed it. Democrats, who get a lot of money for their campaigns from Fannie and Freddie blocked the bill that may have staved off this Crisis. You can use generalizations about ideology, but the facts remain.
EDIT: Many republicans also deserve blame for this, several actually sided with the Dems on blocking the bill from what I remember. The point is that the Democrats largely blocked the measure, while Republicans largely supported it.
